Bump in Japanese GDP

In an article in, The Japan Times, the Abe administration estimates that the new TPP deal will boost the country’s GDP by ¥14 trillion. This new figure represents a significant increase from the previous projection of ¥3.2 trillion. This figure will be presented to a special group designated to review the impact of the new deal.  The reason for the increase is the emphasis that has been put on supporting local Japanese farmers to compete with international products.

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